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Re-Trace The Mess...

We need to re-trace our steps and go over what a complete mess has been made of this country.. . IS sovereignty of so little account that two senior cabinet members can consider throwing it away while the rest of the Government don't even know their leaders are doing this? What is being done to our country? Who will buy us, or sell us, next? What has really been going on since Brian Cowen concluded his disastrous occupation of the Finance Ministry and graduated to his even more disastrous holding of the job of Taoiseach? We need to re-trace our steps and go over again what a complete mess has been made of this country's governance, bringing us the acute embarrassments of this week. It began with Anglo, followed by all the other banks. It then proceeded to the Lisbon Treaty vote, enhancing Europe's powers over our sovereignty. Then it floundered into the disaster called NAMA and ended with debts that needed international rescue. It concludes with loss of sovereignty. Anglo f...
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Economic No-Brainer Country Going Bankrupt ...

Economist says 15pc chance of country going bankrupt... CUTTING the Irish minimum wage is an "economic no-brainer" while social welfare rates must also be tackled to kick the economy back into gear, a senior official at the Economist Intelligence Unit said yesterday. Economist Dan O'Brien also gave the Irish state a 15pc change of "going bankrupt" in the next year, a bleak outlook that comes just a month after ratings agency Fitch gave the country a 1.5pc chance of defaulting over the next decade. Mr O'Brien was addressing the AGM lunch of small business lobby group ISME, which had just voted in Kildare accountant Eilis Quinlan as their next chairman. Asked by Friends First economist Jim Power for his views on the lowering of the minimum wage, Mr O'Brien described the move as an "open and shut case from an economic point of view". Ireland's minimum wage, at €8.65, is the second highest in Europe. "You only have to look at the competit...
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Irish Emigration Is Back...

If you want to escape, it will cost you... Not so long ago, emigrants were paid to go to Australia -- today, it could cost a few grand to get into Oz...beating the downturn...the hidden cost emigrating to find work. WITH up to 300 jobs a day being lost in Ireland, anyone would be tempted to hop on a plane out of here. Although no country is likely to escape, Canada is expected to avoid the worst blows. Small wonder then that Canada is becoming a more popular place to emigrate to than in the past. Other favourites include Australia and New Zealand. Although the US and Britain have their fair share of recession blues, the traditional links between both countries and Ireland continues to draw Irish emigrants there. However, the cost of emigrating could burn a deep hole in your pockets. CANADA Home to the Rockies, the grizzly bear and the awkward moose, anyone emigrating to Canada certainly won't be hungry for the great outdoors -- but you could need almost €18,000 to enter the countr...
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Bye Bye Bertie Ahern - Irish Taoiseach Resigns

Bertie Ahern has announced his decision to resign as leader of the country. " Irish Prime Minister Bertie Ahern earned his nickname the "Teflon Taoiseach" for his uncanny ability to survive personal and political scandals, scandals which would have toppled a less gifted politician... One of his mentors was the disgraced former Taoiseach Charles Haughey, who took millions of pounds from businessmen. He called Mr Ahern "the most cunning, the most ruthless, the most devious of them all"... As Taoiseach, Mr Ahern presided over an economic boom - the so-called "Celtic Tiger" - which has seen Ireland transformed from a largely poor, rural, agricultural country into a prosperous nation, with job opportunities attracting immigrants from all over the world. But the economy, largely based on an unprecedented property boom, has shown signs of flagging for the past year or two, while Ahern has been at the centre of a long-running probe into payments which he alle...
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